AGL - Meet members of the 2021 IPO class: Healthcare - 1

After 62 recent IPOs made their way to The Russell 2000 small-cap index following the Q3 recalibrations implemented by its index provider, we showcase the healthcare stocks among the new entrants. The below discussion on newly IPO’ed healthcare constituents in the Index follows our previous articles on biotech. Bright Health Group   A health insurance provider, as well as an operator of primary care clinics, Bright Health Group (NYSE:BHG), made its public debut in June. While Bright Health (BHG) shares have lost more than 49% since the IPO, the stock jumped over 10% in early August when Morgan Stanley upgraded it to overweight, citing an attractive risk-reward profile for patient investors. Operating in the health insurance and care delivery markets, Bright Health (BHG) faces competition from the large, national insurers, such as Aetna of CVS Health (NYSE:CVS), Anthem (NYSE:ANTM), Centene (NYSE:CNC), Cigna (NYSE:CI), Humana (NYSE:HUM), and UnitedHealthcare (NYSE:UNH). The rivals of the company’s NeueHealth business include Agilon Health

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Meet members of the 2021 IPO class: Healthcare - 1